TS Trend Strength Candle
Stop guessing the trend. TS Trend Strength Candle uses a composite multi-factor index to visualize trend exhaustion and continuation in real-time.
How It Works
Most trend indicators lag significantly. TS Trend Strength Candle solves this by combining **ADX (Average Directional Index)**, **RSI (Momentum)**, and **MACD** into a single weighted algorithm.
The visual output is simple so you can make split-second decisions:
- Green Bars: Strong Bullish Trend. Look for pullbacks to buy.
- Red Bars: Strong Bearish Trend. Look for pullbacks to sell.
- Yellow Bars: Choppy / Transition. Sit on hands.
User Feedback
This filtered out so many bad trades for me during the morning chop. Absolutely essential for NQ trading.
Have you used this indicator? Releasing comment system soon.
Technical Specs
Install Instructions
- Download the .zip file
- Open NinjaTrader 8
- Tools > Import > NinjaScript Add-on
- Select the file and restart NT8